Chevron reports third-quarter earnings of $9.9 billion

Chevron reported earnings of $9.9 billion, or $5.06 a diluted share, for the third quarter, compared with $3.5 billion a year earlier. Adjusted earnings (non-GAAP) were $10.4 billion, or $5.28 a diluted share, and cash flow from operations was $16.0 billion. The company said that in Venezuela its joint ventures "plan to invest $7 billion over the next five years".